Avoid Fraud When Buying Used Vehicles

Believing that there are better deals to be had by buying privately, people often decide to surf the classifieds rather than buying from a registered dealer. Although there are deals to be had, the classifieds are not without risks and people need to do research before purchasing a used vehicle. Studies show that 25% or more of classified ads for used vehicles may be placed by “curbsiders” – unregistered dealers who misrepresent the vehicles they sell. Curbsiders are con artists who pose as private sellers but are in the business of selling vehicles that may be stolen, damaged, re-built, odometer- tampered or have liens against them. When people choose to buy from a private seller instead of a registered dealer, they risk becoming a curbsider’s victim. Vehicles sold by curbsiders put unsuspecting buyers and their passengers at risk.

Young drivers are often the most vulnerable because they are excited about buying their first vehicle and usually buy used. They may not know where to look or what questions to ask. To avoid tampered odometers or hidden damage, they MUST do their homework.

There are some steps to take to minimize the risk. By law, private sellers must obtain a UVIP (Used Vehicle Information Package) from the Ministry of Transportation and must provide it to prospective buyers. The UVIP contains important information about the history of the vehicle in Ontario. If the seller can’t provide the UVIP or if the ownership is in someone else’s name, walk away from the deal!

Buyers can also obtain a vehicle history report from CarProof or from CARFAX .

OMVIC is the regulatory and licensing body responsible for enforcing the Motor Vehicle Dealers Act – a statute that regulates dealers while protecting consumers. OMVIC is responsible for maintaining a safe and informed marketplace and also administers a compensation fund that reimburses consumers (under certain circumstances) for problems arising for motor vehicle transactions with registered dealers.

In an effort to assist young people looking for their first vehicle, OMVIC has launched “Know Your Ride” a Secondary School program that teaches Ontario students about the dangers of buying vehicles privately.

If you have information about any serious crime, please call Crime Stoppers. If your tip leads to an arrest or recovery of property or narcotics you may be eligible for a cash reward.

You will never have to give your name or testify in court and Crime Stoppers doesn’t have call display or call trace.

Call Crime Stoppers toll free at 1-800-222-TIPS or submit securely online.